– Heat a pot on a stove at medium
– Add butter, chocolate chips, and peanut butter
– Stir until liquid
– Add in vanilla extract
– Remove pot from stove
– Add cereal into pot
– Mix until all of the cereal is covered
– In a ziploc bag, pour in powdered sugar then spoon in covered cereal.
– Shake the bag and thoroughly mix the contents until all cereal is covered